Savings
Whether you’re looking for instant access, annual bonuses or tax-free savings, we have an account that will help you achieve your savings goals.
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Mortgages
Whether you’re looking to buy your first home, move somewhere bigger, or simply get a better deal, we can offer a mortgage that suits you.
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About Us
Established in Newport in 1869 to help local people build homes, we now help people across Wales and England buy properties and save for their future.
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Low Deposit Mortgages
Everyone deserves the chance to buy their perfect home - but for some people, saving a large deposit is impractical.

Maybe you’re ready to get on the property ladder, but find it difficult to save for a deposit after paying rent and bills.

Or maybe your family is outgrowing your current home, so you need to upsize sooner rather than later.

We understand that it’s not always easy to get a big deposit together.

That’s why we offer Low Deposit mortgages at competitive interest rates, available to first-time buyers and existing homeowners alike.

Up to 95% LTV Mortgages

We offer mortgages up to 95% LTV (loan-to-value).

This means we could lend you up to 95% of the cost of your home, so you’d need a deposit of just 5% to move in.

How much can I borrow?

Our Mortgage Calculators give you an idea of how much you can borrow and how much your monthly repayments might be.

Is a Low Deposit mortgage right for you?

The biggest advantage of a Low Deposit mortgage is in the name – a low deposit means lower upfront costs when buying a home.

A Low Deposit mortgage may be a good option for you if:

  • Your circumstances mean you struggle with saving
  • You’re in a rush to buy and have less time to build up your deposit

The downside of Low Deposit mortgages is that you’ll usually end up paying more in the long term due to the increased borrowing and interest over the term of the mortgage.

The best way to tell if a Low Deposit mortgage is right for you is to talk to a Mortgage Adviser.

A Mortgage Adviser will look at your situation and budget to find a mortgage that meets your needs.

90% LTV Remortgage

We also offer remortgage products up to 90% LTV - take a look at our remortgage page for more information and rates.

 

Low Deposit Mortgage Rates

All our mortgages move onto our Standard Variable Rate after the initial rate period. Our Standard Variable Rate is currently 4.99%.  If our Standard Variable Rate changes, your monthly repayments could go up or down.

Please note that the mortgage products listed below are for House Purchase only, and cannot be used for Remortgage or Buy-to-Let.

2 Year Discount Rate Mortgages
Initial interest rate % Overall cost for comparison Maximum loan to value Product fee Additional Features  
1.85% 4.6% APRC 90% £995 - More details
2.99% 4.8% APRC 95% - £250 cashback More details
2 Year Fixed Rate Mortgages
Initial interest rate % Overall cost for comparison Maximum loan to value Product fee Additional Features  
1.93% 4.7% APRC 90% £999 - More details
2.30% 4.7% APRC 90% - - More details
3.35% 4.8% APRC 95% - £250 cashback More details
3.75% 4.9% APRC 95% - £1000 cashback More details
5 Year Fixed Rate Mortgages
Initial interest rate % Overall cost for comparison Maximum loan to value Product fee Additional Features  
2.67% 4.3% APRC 90% £999 - More details
2.93% 4.3% APRC 90% - - More details
3.70% 4.6% APRC 95% - £250 cashback More details
4.05% 4.8% APRC 95% - £1000 cashback More details

Your home may be repossessed if you do not keep up repayments on your mortgage.